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Topic: Paycoin (XPY) is scam - page 27. (Read 79551 times)

hero member
Activity: 658
Merit: 501
January 06, 2015, 11:35:29 AM
Josh's original plan found:

 http://forum.kncminer.com/search?searchJSON=%7B%22author%22%3A%5B%22josg21%22%5D%2C%22sort%22%3A%7B%22relevance%22%3A%22desc%22%7D%2C%22view%22%3A%22%22%2C%22exclude_type%22%3A%5B%22vBForum_PrivateMessage%22%5D%7D&btnSubmit=&humanverify%5Binput%5D=SyYMEB&humanverify%5Bhash%5D=50a9715190b9d4184e4ca2f07b2a9134&humanverify%5Binput%5D=SyYMEB&humanverify%5Bhash%5D=50a9715190b9d4184e4ca2f07b2a9134

https://archive.today/zGbi3#65%
http://web.archive.org/web/20140628081525/http://forum.kncminer.com/forum/resellers-affilicates/general-questions/29377-plan-b




http://i.snag.gy/2izhc.jpg
http://snag.gy/d9lBk.jpg


Someone should post these two imgs to hashtalk. Pretty much shows Homero's true colors. He was always in it for himself.
(in reference to first img) Now this is just conjecture but it seems:

1) Become a reseller of miners. "Sell product to miners even though its more profitible to mine them. This will build loyalty."
2) Hashlets. "Use them to fund next project. But also use them to fund next data center."
3) "Right on edge when customers are on edge to loose loyalty the product will magically be done." Hashlets giving out 1sat?

There were no investers. No NDAs. That was just to hide the fact that all of the capital came from original hashlet sales/marketplace fees. Payouts were initially good
because of ponzi-like payouts.



Can somebody archive the post form jmordica on here referencing josh on josg21?

https://archive.today/YhU46
hero member
Activity: 658
Merit: 501
January 05, 2015, 10:22:07 PM
hero member
Activity: 658
Merit: 501
hero member
Activity: 658
Merit: 501
January 05, 2015, 07:51:41 PM
Will be interesting to see if this 300 million fund backing their promises ever did exist.

full member
Activity: 145
Merit: 100
January 05, 2015, 03:21:23 PM
I can't believe their ads are still everywhere..

First off, there's a 666 in their paycoin ad balance.. and since when does .166601 x $31 = $77.68!?

And it still says accepted on amazon, yet their search that allows you to purchase is broken and obviously there's nothing on amazon..


hero member
Activity: 639
Merit: 500
January 05, 2015, 08:38:11 AM
https://www.cryptocoinsnews.com/paycoin-delisted-shapeshift-io/

PayCoin Delisted from ShapeShift.io amid Fraud Concerns

Its over.

They should return all the earnings they made off Paycoin. Trying to be a hero after its over is nothing but a PR attempt.
They were aware that it was a scam, and still supported it when it was making them profits.
hero member
Activity: 658
Merit: 501
January 05, 2015, 08:03:04 AM
Deleted video recovered.

Oh no, did someone slip and delete the video titled "jmordica's Mining Statement" from youtube?





Don't worry, I've been proactive  Wink

http://ge.tt/3LgZZz72/v/0

http://data.hu/get/8370979/mining.mp4
hero member
Activity: 798
Merit: 531
Crypto is King.
January 05, 2015, 05:14:01 AM
new forum going up to track issues:

Paycoin , doesn't accept paycoin:
https://hashtalk.org/topic/27947/inventory-package-discounts/2








That moment when you realize idiots are allowed to access the internet too.



hero member
Activity: 840
Merit: 1000
January 05, 2015, 04:45:09 AM
First stealing another coins name
Second legal trademark problems paycoin logo, 3 times over
Now this conflict with paybase:

I think the most serious thing is the massive premine, it is next Auroracoin


hero member
Activity: 658
Merit: 501
January 05, 2015, 04:32:04 AM
new forum going up to track issues:

Paycoin , doesn't accept paycoin:
https://hashtalk.org/topic/27947/inventory-package-discounts/2






hero member
Activity: 658
Merit: 501
January 05, 2015, 04:30:06 AM
Ok, I know I'm part of the group that Mr. GAW says don't understand context or can't read or whatever... but his white paper, archive link below, specifically said prime controllers stake @ 5%.  Nowhere does the white paper show 10, 20, 100, or 350 % stake rates... ANYWHERE in that white paper...

http://web.archive.org/web/20150105011047/https://c91475e716c8925e05c6-d2659d433205cf4410415f8dd63807af.ssl.cf5.rackcdn.com/paycoinwhitepaper.pdf




legendary
Activity: 882
Merit: 1024
January 05, 2015, 03:34:02 AM
Won't be long until PayCon is worth more than PayCoin

https://bitcointalksearch.org/topic/anncon-paycon-x13-powpos-now-on-c-cex-pow-pos-phase-get-your-con-on-912034

Paycon [CON]- We Don't Deny It.

sr. member
Activity: 294
Merit: 250
January 05, 2015, 01:08:36 AM
All altcoins are basically scam...

You should change your username

Do you still think I should change my username?  Roll Eyes Roll Eyes



No need. You're probably a masochist.
Nope, As an Altcoin Investor I check everything before investing. And I did know that was a scam So I didn't invest a penny on this shit.
Now it turned out a scam so I came back and mocking people Grin

This doesn't make me masochist; it makes me sadist Grin

No, you are a masochist because you say all altcoins are scam yet you invest in them.

Do you know why people invest in ponzis early times of them? "To make quick money".
Do you know why I invest in Altcoins early times? "To make quick BTC".

Each altcoin has it's own value that calculated with a special formula (that I found out, maybe others did too). I'm investing altcoins for short times. I don't hold any altcoin more than a week. And you know what? So far I've never lost a single satoshi...

So, if I know a formula when a coin's price will go up and down; why shouldn't I take advantage of it and double, even triple my btc?
sr. member
Activity: 336
Merit: 250
January 05, 2015, 12:30:44 AM
All altcoins are basically scam...

You should change your username

Do you still think I should change my username?  Roll Eyes Roll Eyes



No need. You're probably a masochist.
Nope, As an Altcoin Investor I check everything before investing. And I did know that was a scam So I didn't invest a penny on this shit.
Now it turned out a scam so I came back and mocking people Grin

This doesn't make me masochist; it makes me sadist Grin

No, you are a masochist because you say all altcoins are scam yet you invest in them.
sr. member
Activity: 294
Merit: 250
January 05, 2015, 12:27:37 AM
All altcoins are basically scam...

You should change your username

Do you still think I should change my username?  Roll Eyes Roll Eyes



No need. You're probably a masochist.
Nope, As an Altcoin Investor I check everything before investing. And I did know that was a scam So I didn't invest a penny on this shit.
Now it turned out a scam so I came back and mocking people Grin

This doesn't make me masochist; it makes me sadist Grin
sr. member
Activity: 336
Merit: 250
January 05, 2015, 12:11:44 AM
All altcoins are basically scam...

You should change your username

Do you still think I should change my username?  Roll Eyes Roll Eyes



No need. You're probably a masochist.
sr. member
Activity: 378
Merit: 250
January 05, 2015, 12:07:58 AM
bitcoin is a scam
sr. member
Activity: 294
Merit: 250
January 05, 2015, 12:05:00 AM
All altcoins are basically scam...

You should change your username

Do you still think I should change my username?  Roll Eyes Roll Eyes

legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
January 04, 2015, 10:58:02 PM
honestly- when the market hit like 3.50 something I was sooooooooooo tempted to buy a shit load of XPY because I know it's going to bounce at least 30% or something like that, and then I thought: No.

Of course, I still wish I had stolen earned that 30% of the chaos that is that crapstorm, but the truth of the matter is it's totally gambling. The project is doomed if only because what GAW has done (promising the $20 floor) is simply illegal, and then was illegal when they didn't follow through with it anyway. As I have absolutely no way of knowing when the hand of the law will make it's appearance (and it WILL make it's appearance) I thought it better to just avoid it all together.

The con artists and vultures are out in numbers though. So for those who have already been conned- don't lose the skin off your back as well.

True, but...
"...when the hand of the law will make it's appearance"
When the company gets busted there is still an open source project and a "coin" with almost insane fanatics who believe in fighting on. This dead cat could be (occasionally) bouncing for a long time to come.

legendary
Activity: 1274
Merit: 1000
January 04, 2015, 09:39:46 PM
honestly- when the market hit like 3.50 something I was sooooooooooo tempted to buy a shit load of XPY because I know it's going to bounce at least 30% or something like that, and then I thought: No.

The con artists and vultures are out in numbers though. So for those who have already been conned- don't lose the skin off your back as well.

there  you have it.. The only volumes in markets now gotta be people who are playing the trade knowing perfectly well that this coin is doomed. Backed with fake volumes of experienced whales who know how to play this game better.

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